Housing Inflation—Gauging the Upside Risks
With the rapid rise in housing prices, PGIM Fixed Income considers the underlying drivers and assesses the implications for the inflation outlook more broadly.
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Source of data (unless otherwise noted): PGIM Fixed Income.
Note: Staffing and client information as of June 30, 2021. Assets under management (AUM) as of June 30, 2021 and are based on company estimates and are subject to change. PGIM Fixed Income’s AUM includes the following businesses: (i) the PGIM Fixed income unit within PGIM, Inc, located in the USA; (ii) the public fixed income unit within PGIM Limited, located in London; (iii) PGIM Netherlands B.V. located in Amsterdam; (iv) locally managed assets of PGIM Japan Co., Ltd. (“PGIM Japan”), located in Tokyo; and (v) the public fixed income unit within PGIM (Singapore) Pte. Ltd., located in Singapore.